Millington Financial Advisors LLC Has $1.56 Million Stock Position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Millington Financial Advisors LLC grew its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,410 shares of the company’s stock after purchasing an additional 891 shares during the period. ProShares UltraPro S&P 500 comprises about 1.2% of Millington Financial Advisors LLC’s holdings, making the stock its 22nd largest position. Millington Financial Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $1,555,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of UPRO. Rise Advisors LLC increased its position in ProShares UltraPro S&P 500 by 39.4% in the 4th quarter. Rise Advisors LLC now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 201 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 252.1% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 2,465 shares of the company’s stock valued at $101,000 after acquiring an additional 1,765 shares during the last quarter. CENTRAL TRUST Co acquired a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at about $111,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at about $111,000. Finally, Headlands Technologies LLC bought a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $154,000.

ProShares UltraPro S&P 500 Price Performance

NYSEARCA:UPRO traded up $2.17 during mid-day trading on Tuesday, hitting $62.92. 6,266,315 shares of the company’s stock traded hands, compared to its average volume of 6,913,911. The firm has a 50 day moving average of $65.91 and a two-hundred day moving average of $55.69. ProShares UltraPro S&P 500 has a 12 month low of $35.57 and a 12 month high of $71.16.

ProShares UltraPro S&P 500 Profile

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.